We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Economic Report - Essay Example

Comments (0)
Summary
Insert name Insert name of the course instructor Insert name of the course Insert date assignment is due Economic performance of the four most recent US Presidents There have been raging debates about the real economic performance of presidents and how their political and economic policies affected both the micro and macro economic aspects of the US and the world…
Download full paper
GRAB THE BEST PAPER
Economic Report
Read TextPreview

Extract of sample
Economic Report

Download file to see previous pages... Presidents’ economic performance based on the real Gross Domestic Products The two presidential terms, the first term of president Barrack Obama and the last term of President George W. Bush were characterized by the worst economic performance since World War II. The real Gross Domestic Product (GDP) grew by only 4% during the second term of President George W. Bush’s tenure, which was the weakest since World War II. During the first term of Obama’s tenure, the real GDP grew by 5.9%, the second weakest since World War II. According to NBER (National Bureau of economic research), the most recent recession began in 2007 and ended in 2009. NBER states that economic recession starts when growth is at the peak, and then the nation begins to experience slow economic activity. A recession comes to an end and economic expansion begins after the economic activities hit the economic trough and start to grow again. It can be concluded that the most recent economic growth was lowest during the last term of George W. Bush and started to peak during Barrack Obama’s first term. ...
W. Bush, and through superb economic policies, he managed to transform it into a surplus of 2.4% of the GDP in 2000. In addition, federal spending dropped from 22% of GDP in 1992 to 18.4% in 2000. It can be concluded that during Clinton’s era, the economy experienced the highest growth of GDP at 14% due to sound economic policies, low interest rates, and reduced spending that resulted in a relatively low deficient rate. However, some critics state that Bill Clinton’s economic policies encouraged subprime lending, housing bubble, and economic boom, which were instrumental in starting the great recession (Tanzi 58). George H. W. Bush can be remembered for spurring the economy that buoyed Clinton’s economic prosperity. He inherited from Reagan an economy that had started to enter the recession phase after experiencing a considerable economic prosperity. During his era, the GDP grew by 8.8%, which was a bit higher than those posted by Barrack Obama and George W. Bush. Although his presidency was marked by excessive spending on wars, such as the Gulf War, he managed to contain inflation and provided a good economic pathway for the prosperity of the economy during Bill Clinton’s era (Grabowski, Self, and Shields 71). Presidents’ economic performance based on civilian unemployment rate The United States of America has experienced eleven recessions since 1948. The federal and state governments have applied several measures to combat recession and minimize civilian unemployment through tax cuts and stimulus spending. In the early 1980s, the economy endured a recession, and the rate of unemployment was at double digits. The main reason was that the federal government was trying to minimize the inflation that was affecting ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Economic Report
This is because as a country develops from an agricultural to an industrial and then a post-industrial economy, people move from the countryside to the cities in search of income and employment opportunities that fuel the country’s growth. In the process, they need a temporary or permanent place to live.
10 Pages(2500 words)Essay
Economic Report for United Arab of Emirate (UAE)
However, UAE’s economic development did not undergo the known hypothetical development stages that were the characteristics of most of the developed nations. Notably, the availability of the large amount of exploitable oil provided revenues that led her to leap over numerous stages due to the large amount consumption of the exploited oil (United Arab Emirates 49).
4 Pages(1000 words)Essay
Economic essay on Inernational monetary fund report
For the supply of cross-border capital, banking sector played a vital role and remained a key intermediary. The growth findings between 1995 and 2005, in assets under management of institutional investors such as pension funds, insurance
8 Pages(2000 words)Essay
Economic Report
Events around the world certainly affect the domestic polity and domestic growth figures too. But the country’s economy seemed to have picked up hereafter. With consistent rise from
7 Pages(1750 words)Essay
Economic Report on Housing Sector in Scotland
The housing sector has traditionally been one of great significance and importance in the economic history and well-being. This is because as a country develops from an agricultural to an industrial and then a post-industrial economy, people move from the countryside to the cities in search of income and employment opportunities that fuel the country’s growth.
13 Pages(3250 words)Essay
China Economic Report
Numerous questions still disturb analysts and this has to do largely with perspectives the analysts decide to take. For example, issues such as whether China’s international policy is premised on
5 Pages(1250 words)Research Paper
Write a report that examines the relationship between economic growth and the environment
The issue however depends on the observer; some people will consider economic growth to be the source of all ills affecting the environment. On the other hand, some will argue that economic growth is
5 Pages(1250 words)Essay
Disscussion Question 1 Week 3
The SBA is the source of the majority financial support small businesses in Unites States enjoys (Bruchey, 2003). The body also helps small businesses develop good financial programs. Apart from the SBA, large companies
1 Pages(250 words)Assignment
Economic Report of the President 2013
Unlike most of the previous reports, the 2013 version places much focus on manufacturing and the competitiveness of our economy. More importantly, the growing trade in services is considered greatly as an important area in the overall economic growth. The economists are
4 Pages(1000 words)Essay
Economic analysis report
Diversification of the financial system of Indonesia would also contribute a lot to the creation of more jobs; thus reduce poverty. From this point of view, the loan would ensure that marginalized groups in Indonesia access
3 Pages(750 words)Essay
Let us find you another Essay on topic Economic Report for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us